Question
Consider a hypothetical economy where: C(Yd) = 30 + 0.75 Yd I(r) = 52.5 0.25 r G = 80 t = 0.2 (represents 20%) Using
Consider a hypothetical economy where: C(Yd) = 30 + 0.75 Yd I(r) = 52.5 0.25 r G = 80 t = 0.2 (represents 20%)
Using the information above, write out the planned Aggregate Expenditure equation. (Hint: Remember that this takes the form of AE = . . . .)
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Macroeconomics
Authors: Stephen d. Williamson
5th edition
132991330, 978-0132991339
